Wednesday, October 8, 2025
  • About
  • Write for us
  • Contact
Today News
  • Business
  • Tech
    How to Choose the Right Analytics Tools to Improve Your Payment Workflow

    How to Choose the Right Analytics Tools to Improve Your Payment Workflow

    Navigating the Magic of UI Animations: Unveiling the User Experience

    Navigating the Magic of UI Animations: Unveiling the User Experience

    Application Services

    Belitsoft Lists Top 5 Trends Shaping Managed Application Services in 2025

    How Technology Ensure Safe and Secure Online Gaming with Eat and Run Verification

    Smart Building Technology Integration: Future-Proofing Hospitality Through Intelligent Systems

    Laptop

    Laptop Running Slow? A Technician’s Guide to Performance Restoration

    Woman in a red dress wears a VR headset, standing in front of a vibrant digital backdrop with blue and pink glowing lines, creating a futuristic feel.

    The Future of Online Entertainment: What’s Next for a Digital Generation

    How businesses can balance AI innovation with online security

    How businesses can balance AI innovation with online security

    Modern office with two people working at desks, each focusing on computer screens displaying code. The room is dimly lit, creating a focused atmosphere.

    Top 10 Bespoke Software Development Companies in 2025

    Before the Alarm Sounds: The Life-Saving Power of Fire Preparedness

    Before the Alarm Sounds: The Life-Saving Power of Fire Preparedness

  • Consumer
    Understanding the Baby Monitor Market: What’s Driving Growth and Innovation

    Understanding the Baby Monitor Market: What’s Driving Growth and Innovation

    Craving Connection: Why Food Gifting Is the New Love Language

    Craving Connection: Why Food Gifting Is the New Love Language

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to adjust glasses at home – a step-by-step guide!

    How to adjust glasses at home – a step-by-step guide!

    Why quality toilet cubicle hardware matters

    Why quality toilet cubicle hardware matters

    Common Mistakes in KYC Identity Verification

    Common Mistakes in KYC Identity Verification

    Consumer habits

    British Furniture Market Sees Significant Changes in Consumer Preferences

    Why are high-street bookmakers declining in the UK?

    Why are high-street bookmakers declining in the UK?

    Straps for smartwatches: The Complete guide

    Straps for smartwatches: The Complete guide

  • Finance
    Solana Crypto Casino: Why Speed Isn’t Just a Feature – It’s the Foundation

    Solana Crypto Casino: Why Speed Isn’t Just a Feature – It’s the Foundation

    How workplace pensions have changed in the UK

    How workplace pensions have changed in the UK

    Computer monitor, calculator, keyboard, mouse, smartphone, and wireless earbuds on a pink surface, creating a modern and tech-focused scene.

    Surprising Tools That Can Help You Manage Your Money

    Close-up of a smartphone screen showing stock data with a dark background. Companies listed include Boeing and Disney. Graph lines suggest market trends.

    Best Online Forex Brokers for High Leverage and Risk Management

    Person holding a smartphone displaying a stock market graph, with a laptop showing financial data in the background. The mood is analytical and focused.

    Top 5 Mutual Funds in the UAE (2025)

    Glass vase containing a money plant, symbolizing savings and financial growth.

    Building Generational Wealth: How Professionals Can Plan Beyond Their Lifetime

    Close-up of the word gambling

    UK gambling tax debate: simplification or squeeze?

    Net Worth of Pastor Chris Oyakhilome: 15 Key Contributors

    Net Worth of Pastor Chris Oyakhilome: 15 Key Contributors

    Visual guide on starting a business plan, highlighting key accounting and finance elements for new entrepreneurs.

    Finance vs accounting: Key differences and career paths

  • Environment
    Aerial view of London shows Thames River, bridge, and cityscape with modern and historic buildings

    Why Air Pollution Control Systems are Important

    Five Ocean Discoveries That Could Change How We See the World

    Five Ocean Discoveries That Could Change How We See the World

    Choosing the Right Sustainability Partner: How Eco-Efficient Tech Transforms Industry

    Choosing the Right Sustainability Partner: How Eco-Efficient Tech Transforms Industry

    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Environmental Benefits

    What Are The Environmental Benefits Of Choosing Eco-friendly Rubbish Removal In Croydon?

  • Property
    Orange and white Mediterranean buildings with blue railings under a clear sky in Limassol, Cyprus. The bright colors and sunny day evoke a cheerful, tranquil vibe.

    Modern vs Traditional: The Range of Houses for Sale in Limassol

    Real Estate in Dubai

    Real Estate in Dubai: Strategic Investment Insights for 2025

    Safe asbestos management for homeowners

    Safe asbestos management for homeowners

    Angular, metal sheet wall with diamond patterns behind a dark railing, conveying an industrial feel. The texture is reflective and geometric.

    7 Design Concepts That Use Decorative Metal Sheets

    Worker repairs a red-tiled roof, balancing on scaffolding. They wear protective gear under a clear blue sky, conveying focus and diligence.

    The Complete Guide to Roof Repairs: What Every UK Property Owner Needs to Know in 2025

    A Comprehensive Guide on an Inline Extractor Fan

    A Comprehensive Guide on an Inline Extractor Fan

    Red door labeled "Fire Exit Keep Clear," indicating it should remain unobstructed for safety.

    Fire door compliance: Essential considerations for contractors and housebuilders

    Furnished Apartments

    London Serviced Apartments: A Growing Trend Among Modern Travellers

    Close-up of Bungalow Houses

    The Key Reasons Park Bungalows Are A Smart Investment

  • eCommerce
    Winning PPC Strategies for E-Commerce Brands

    Winning PPC Strategies for E-Commerce Brands

    SEO Agencies

    How To Audit Your Ecommerce Site Structure SEO? A complete Step-by-step Guide for Beginners

    Ecommerce Platform

    What Makes a Global Ecommerce Platform User-Friendly

    From 1688 to shopee: the singaporean seller’s guide to paying china suppliers

    From 1688 to shopee: the singaporean seller’s guide to paying china suppliers

    The Importance of Digital Valuations for UK Ecommerce Brands

    The Importance of Digital Valuations for UK Ecommerce Brands

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    Amazon Expert

    Amazon Expert: Key Qualifications to Look For

    Boosting Ecommerce Revenue with Smart Targeting Strategies

    Boosting Ecommerce Revenue with Smart Targeting Strategies

No Result
View All Result
Today News
Home Leisure

How To Understand Betting Odds

David Prior by David Prior
September 20, 2023
Reading Time: 5 mins read
How To Understand Betting Odds
622
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

Betting is a very popular pastime that can improve the overall viewing experience of a given sporting fixture. What makes them so exciting is the potential payouts that can be received if your prediction comes true. The payouts are calculated using odds presented by the bookmaker. As a result, understanding and being able to read odds is a crucial step in placing bets as they tell you how much you can expect to make back depending on your stake. 

In this article we are going to break down all the different odd types and how to read them so that you can be more informed when placing bets in the future. Everyone needs to be able to read odds otherwise you will not be able to tell if a bet is worth it and reading odds makes searching for your bet easier as you can size up which are the better bets, more efficiently. 

Related posts

Explore Manchester: Landmarks, Culture & Fun

The Must Visit Places in Manchester

October 2, 2025
17
Why UK Leisure Time Has Gone from Couch to Cloud

Why UK Leisure Time Has Gone from Couch to Cloud

April 4, 2025
599

What Are Betting Odds

Betting odds are the numerical value given to how likely a bookmaker thinks a given prediction is to come true. They represent how much money you can expect to be returned if you are able to make a correct prediction. The odds are set by the bookmaker and can vary depending on the sportsbook you use. 

How To Read Odds

For newcomers decoding betting odds can be awfully daunting, but it is actually very easy once you understand the basics. To make money online it’s very important to understand this. In this section we will go over the three main ways that odds are represented so that you will be able to read every type of odds going forward. 

Fractional Odds

Fractional odds are one of the most commonly used ways to present a possibility of an event happening. This is one of the easiest ways of determining how much you will win from a bet and is a quick and simple way to understand the probability of an event happening. 

An example of a fractional bet would be if you wanted to place a 3/1 bet on Liverpool winning their next game. What this means is that for every £1 you wager you will be paid out 3x that plus your original stake. Therefore if you wager £1 and it wins you would receive £4 ((1×3)+1) = 4. 

Decimal Odds

Another common form of odds is decimal odds. Decimal odds are useful as they allow bettors to quickly compare odds without needing to work out any difficult calculations beforehand. The general rule for decimal odds is, the higher the number the higher the payout. To work out decimal odds you simply times your stake by the decimal. For example if you wager £1 on a 4.00 bet you will receive £4 (1×4.00) = 4.

These odds are very simple and are most commonly used by advanced bettors to quickly compare odds so that they can more efficiently finetune their betting strategy. If you don’t like decimal odds but want to be able to compare odds quickly then we recommend checking out betting tools and softwares that allow you to check odds, use betting calculators and much more. 

American Odds

American odds, also known as moneyline odds, are a method of expressing probability primarily used in the US and will rarely be adopted by UK bookmakers. Unlike fractional or decimal odds, American odds are expressed as a positive or negative number, with a positive number indicating the amount that will be won for every $100 and a negative number expressing the amount that needs to be bet to win $100. For example if a team has American odds of +250, a bettor would win $250 for every $100 bet leading to a profit of $350. Whereas if a team has odds of -250 then a bettor would need to wager £250 to win $100. American odds can take some getting used to, but it’s important to know if you ever intend to gamble on American Sportsbooks.

How to Use Betting Odds

Betting odds play a great role in betting, not only do they tell you how much you can expect to earn back in correlation to your bet but they also inform you on how risky the bet you are about to place is. If a horse has low odds it means that they are favourites and there is a high chance they will win and therefore the payout will not be significant. If a horse has high odds it means that you can expect some big payouts but it is highly unlikely that it will actually win. Recognising what the odds mean doesn’t just tell you if the bet is worth putting on financially but also statistically how probable it is to land. Odds can even be represented as percentages to show this.

Fraction DecimalAmerican (Moneyline)Implied Probability
1/1001.01-1000099%
1/51.2-50083.30%
2/91.22-45081.80%
1/41.25-40080%
2/71.29-35077.80%
3/101.3-333.376.90%
1/31.33-30075%

Gamble Responsibly

It is important to note that no matter how low the odds are no bet is ever guaranteed. It is important that you always remember to gamble responsibly and to never chase losses. No matter how much research you do all bets inherently come down to chance and therefore no wins are ever guaranteed. 

Summary

These are all the odd types that are most commonly used. It is important to learn how to read each kind of odds so that you are always fully informed while betting. We hope that this article has helped develop your understanding so next time you bet you can either read the odds better or compare odds more efficiently with your new found understanding of how these calculations work.

David Prior

David Prior is the editor of Today News, responsible for the overall editorial strategy. He is an NCTJ-qualified journalist with over 20 years’ experience, and is also editor of the award-winning hyperlocal news title Altrincham Today. His LinkedIn profile is here.

Previous Post

What Triggers A Jackpot On An Online Slot Machine?

Next Post

Select the Appropriate SCADA Software for Your Business

Related Posts

Explore Manchester: Landmarks, Culture & Fun
Leisure

The Must Visit Places in Manchester

October 2, 2025
17
Why UK Leisure Time Has Gone from Couch to Cloud
Leisure

Why UK Leisure Time Has Gone from Couch to Cloud

April 4, 2025
599
Surprising Things To Do In Banbury
Leisure

Surprising Things To Do In Banbury

March 14, 2025
568
9 creative ways to spend more time with loved ones
Leisure

9 creative ways to spend more time with loved ones

February 26, 2025
467
Hobbies to try in 2025
Leisure

Hobbies to try in 2025

January 31, 2025
504
hookah smoking
Leisure

Unleashing the Perfect Smoke: Choosing the Right Coals for Your Hookah

September 5, 2024
454
Next Post
Select the Appropriate SCADA Software for Your Business

Select the Appropriate SCADA Software for Your Business

RECOMMENDED NEWS

Go1 acquires Anders Pink to provide best-in-class content curation capability for learners

Go1 acquires Anders Pink to provide best-in-class content curation capability for learners

3 years ago
39
How to adjust glasses at home – a step-by-step guide!

How to adjust glasses at home – a step-by-step guide!

6 months ago
641
Chatbots Are Out, AI Agents Are In: Meet Retail’s New Crown Jewel

Chatbots Are Out, AI Agents Are In: Meet Retail’s New Crown Jewel

5 months ago
57
TikTok Growth Challenges and Solutions for Beginners

TikTok Growth Challenges and Solutions for Beginners

8 months ago
97

BROWSE BY CATEGORIES

  • Business
  • Careers
  • Charity
  • Consumer
  • Culture
  • eCommerce
  • Education
  • Energy
  • Engineering
  • Entertainment
  • Entrepreneurs
  • Environment
  • Fashion
  • Finance
  • Food & Drink
  • Gaming
  • Gardening
  • Health
  • Insurance
  • Interiors
  • Legal
  • Leisure
  • Lifestyle
  • Manufacturing
  • Marketing
  • National
  • News
  • Opinion
  • Pets
  • Politics
  • Property
  • Sales
  • Sport
  • Sports
  • Tech
  • Transport
  • Travel
  • Uncategorized

BROWSE BY TOPICS

Agency AI autosmart banking Beauty business Christmas construction cyber security data digital Digital Marketing Services ecommerce entertainmnet finance fitness Forex health inflation insurance kitchen KYND lifestyle manchester music News north overseas Personal Injury Pharmaceutical Industry property Real Estate recruitment Sir Michael Morpurgo Skincare sports technology tourism travel UK vehicles Warkworth village watch workspace yorkshire

Latest news

Three overlapping UK £5 notes on a black background, each featuring a portrait of a woman, intricate designs, and blue-toned colors, conveying currency theme.

The Hidden Risks of Sending Money Abroad the “Old-Fashioned” Way

October 7, 2025
Black and white image of a rock band performing on stage. The lead singer passionately sings at the center, surrounded by dramatic smoke and dynamic lighting.

Manchester’s Best Musical Exports of All Time

October 7, 2025
Arsenal in Good Shape To End Premier League Title Wait

Arsenal in Good Shape To End Premier League Title Wait

October 7, 2025
Two individuals in suits stand in a high-rise office, gazing out at a cityscape through large windows. The scene conveys a professional, contemplative mood.

Why UK Business Leaders Are Rethinking Traditional Productivity Strategies

October 7, 2025
Large, vibrant soccer stadium filled with cheering fans. The green field is divided into sections, and players are mid-action. A sense of excitement fills the air.

Manchester’s Greatest Ever Sports Stars

October 7, 2025
Orange and white Mediterranean buildings with blue railings under a clear sky in Limassol, Cyprus. The bright colors and sunny day evoke a cheerful, tranquil vibe.

Modern vs Traditional: The Range of Houses for Sale in Limassol

October 7, 2025
How AI Could Change Slot Machines in Casinos

Casino Games and Artificial Intelligence: Can AI Predict Slot Machine Outcomes?

October 7, 2025
Where Is the Largest Theme Park in Europe Located?

Where Is the Largest Theme Park in Europe Located?

October 7, 2025
Shoulder Injury

From Slips To Strains: How To Claim If You’ve Suffered A Shoulder Injury

October 7, 2025
Real Estate in Dubai

Real Estate in Dubai: Strategic Investment Insights for 2025

October 7, 2025

Today News

  • About
  • Write for us
  • Contact
  • Privacy Policy

@2024 Rooftree Publishing Ltd

Today News in association with Kajino.com

Sign up for our newsletter




  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce

Recent News

Three overlapping UK £5 notes on a black background, each featuring a portrait of a woman, intricate designs, and blue-toned colors, conveying currency theme.

The Hidden Risks of Sending Money Abroad the “Old-Fashioned” Way

October 7, 2025
Black and white image of a rock band performing on stage. The lead singer passionately sings at the center, surrounded by dramatic smoke and dynamic lighting.

Manchester’s Best Musical Exports of All Time

October 7, 2025
No Result
View All Result
  • Home
  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce
  • Write for us
  • About
  • Contact